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PetroTal Corp ( (TSE:TAL) ) has provided an announcement.
PetroTal Corp. declared a cash dividend of USD $0.015 per common share for the first quarter of 2025, based on Q4 2024 financial results. This dividend will be payable on March 14, 2025, and is eligible under Canada’s Income Tax Act. The announcement is significant for stakeholders as it reflects PetroTal’s commitment to returning capital to shareholders and highlights the company’s stable financial performance in the oil and gas sector. This move might further enhance PetroTal’s industry positioning as a reliable and community-conscious energy producer.
More about PetroTal Corp
PetroTal Corp. is a publicly traded oil and gas development and production company based in Calgary, Alberta. The company is focused on developing oil assets in Peru, with its flagship asset being a 100% working interest in the Bretana oil field located in Peru’s Block 95. As of early 2022, PetroTal became the largest crude oil producer in Peru. The management team brings significant experience in oil exploration and development, emphasizing safe and cost-effective operations while advancing community-sensitive energy production initiatives.
YTD Price Performance: 16.67%
Average Trading Volume: 682,791
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$641.8M
Learn more about TAL stock on TipRanks’ Stock Analysis page.
